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Dilution in action

July 17, 2009

A lot of sites are reporting Bank of America's year-over-year income comparison without batting an eye: Bank of America posted income of $3.22 billion, or 33 cents a share, down from $3.41 billion, or 72 cents a share, a year earlier. The number wasn't particularly surprising (EPS slightly beat, revenue slightly missed) but couldn't anyone […]

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